Debt Management Series: What Is Revolving Credit?

By : Marcia Elaschuk Posted in: Strategic Thinking
An integral part of debt management is ensuring that your clients understand how various forms of credit work, including revolving credit. Advisors, we’ve prepared this resource to share with your clients.

Employment Opportunities for New Canadians: Statistics Point to Financial Services

Posted in: Strategic Thinking, Financial Literacy, knowledge bureau, Evelyn Jacks, tax courses, accounting courses, online courses, employment opportunities, online education, immigration, jobs for immigrants, new Canadians, Canadian immigration, STEM jobs, Canadian citizenship, accounting jobs, bookkeeping jobs, education for immigrants, finance courses
Statistics show that the more education Canadians have, the better their chances of employment. This is especially true for newcomers to Canada. In that regard, the tax and financial services industries offer great opportunities for those ready to start their new lives and careers in Canada.

Leadership Development: Maintain Your Humility as You Develop Knowledge and Confidence

By : Knowledge Bureau Staff Posted in: Strategic Thinking, knowledge bureau, Evelyn Jacks, entrepreneur, business development, leadership, Executive Business Builder Program, future-proof business, Joanne Sigurdson, online education, business culture, personal development, LinkedIn Business Group, online studies, leadership courses online
As Knowledge Bureau unveils our new Executive Business Builder Program, increasing our focus on leadership education and development in 2018, it’s important to explore what makes a great leader. Today we’ll focus on confidence vs humility. . .when it comes to leadership, what matters more?  Join us in discussing this topic on our Executive Business Builders Network.

Tax Tip: Infirm or Disabled: What’s the Difference for Tax Purposes?

By: Evelyn Jacks Posted in: Strategic Thinking
Caring for a loved one with a disability?  CRA may contact you to verify your claim for the new Canada Caregiver Amount or the Disability Amount. For these reasons, it’s important to draw the distinction between “infirm” and “disabled,” for different provisions on the tax return.

No Tax Relief for Middle Class: A Bigger Bill Despite Government Claims

By : Knowledge Bureau Staff Posted in: Strategic Thinking, Financial Literacy, CRA, Financial Advisor, knowledge bureau, Canada Revenue Agency, Canada Pension Plan, Evelyn Jacks, income tax, tax courses, tax advisor, financial education, Liberal government, Morneau, Trudeau, online education, middle class, Fraser Institute, payroll taxes
A recent study by the Fraser Institute reveals that the Liberal government’s changes to the personal income tax system have already raised taxes for the vast majority of middle-income Canadian families (81 percent) by an average of $840 annually. But there’s more to come. . .

Our Top Posts of 2017: What Are Financial Professionals Reading?

By : Knowledge Bureau Staff Posted in: Strategic Thinking, tax credits, knowledge bureau, Evelyn Jacks, tax courses, tax changes, income splitting, financial education, tax reform, tax proposals, business owners, Morneau, online courses, small business taxation, online education, 2017, 2017 recap, 2017 news stories, family tax deductions, Parliamentary Budget Officer, cottage, principle residence, reporting property sale
It’s a sign of the times: Knowledge Bureau Report readers were most interested in recent tax news, based on our top five posts revisited here. The proposals to change the tax system for private corporations are of most concern; small wonder, too. Not yet law, Tax on Split Income (TOSI) rules begin January 1, 2018. Principle residence reporting changes are important too. Here’s what mattered most to our readers in 2017: